A Seasoned Pro's Finance, Real Estate Picks

By

Tim Melvin

| Aug 21, 2013 | 4:00 PM EDT

It would appear that I owe readers an apology. Last week, as 13F filings were coming in fast and furious, showing the holdings of institutional investment managers, I set aside a couple of these reports with the intention of reviewing them later. These reports are from managers I respect enormously, and as proof of their all-around intelligence and stock-picking prowess, we often own many of the same stocks. As with everything else that gets set aside for later here at Chez Melvin, the reports fell into the black hole of Tim's desk. Today I will begin to fix that.

EJF Capital was started in 2005 by Emmanuel Friedman, one of the co-founders of Freidman Billings Ramsey, the broker-dealer and asset manager. The firm made a name for itself with its research and investment-banking success in the finance and real estate fields. Friedman partnered with the former head of Friedman Billings' alternative-investment and wealth-management divisions, Neal Wilson, to start EJF, and they have more than $4 billion under management....552 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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